Global Loan Origination Software market is expected to reach 5210 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/29

Loan Origination Software manages lending tasks including origination, underwriting, closing and documentation for contract servicers, title companies, credit unions, government agencies and private lenders.

Loan Origination Software is mainly used for the following applications: banks, credit unions, mortgage lenders, mortgage brokers and others. And Loan Origination Software can be segmented into two main types, such as On-demand (Cloud) and On-premise. On-demand (Cloud) type is the most-fast-growing market.

USA is the largest consumption countries of Loan Origination Software in the world in the past few years and it will keep increasing in the next few years. USA market took up about 44.06% the global market in 2017, while Europe was about 24.22%.

USA, Canada, Australia, UK, Ireland, France and Norway are now the key developers of Loan Origination Software. There are some vendors with poor quality products in China, but the Chinese market is still very small. And we estimate that China will keep a high growth rate in the next years.

In 2017, the global Loan Origination Software market size was 1980 million US$ and it is expected to reach 5210 million US$ by the end of 2025, with a CAGR of 12.9% during 2018-2025.

Click to view the full report: https://www.qyresearch.com/index/detail/204902/global-loan-origination-software-market

This article was first released by QYResearch, if reproduced, please indicate the source.

Marketing: sales@qyresearchglobal.com

Media Contact: press@qyresearch.com